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$599,000

501 West Ave 702, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths846 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$708.04 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesBuilt-In Freezer, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Microwave, Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Garage Spaces1

About this property

Unit 702 at Fifth & West is a luxurious one-bedroom, one-bathroom residence in one of downtown Austin's most desirable condo developments. Inside, the residence boasts an open-concept design with stainless-steel Miele appliances, a waterfall center island, and warm rich cabinetry. The spacious living area is perfect for both entertaining and relaxation, while the serene bedroom provides a tranquil retreat. This elegant residence features a west-facing covered terrace, offering views of Austin’s bustling nightlife and vibrant cityscape below. Fifth & West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you’ll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don’t miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$770/month
5.947%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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501 West Ave 702 | Property Details | No Agent List